The U.S. economy is in serious trouble. Unemployment is up, the housing market is down, and the net worth of average Americans had fallen by 6.7% over the past three years. Moreover, there’s no reason to believe the immediate future will be any better than the recent past. That is, unless you’re affiliated with Planned Parenthood, the abortion giant that has benefited immensely from the fact that taxpayer dollars have continually poured into its coffers no matter what the condition of the economy might be.

As a matter of fact, while the worth of the average American household continued its decline over the last year, the net assets of Planned Parenthood topped $1,000,000,000.00.

Just think of how proud Planned Parenthood’s Board of Directors Chair Valerie McCarthy must be. While other Americans are struggling to live in such hard times, her organization is taking every penny it can get for killing preborn babies to the tune of 329,445 a year – more than the entire population of St. Louis—(for the 2009-2010 fiscal year). In exchange for stopping these hundreds of thousands of heartbeats, Planned Parenthood received 46% of their annual budget via funds taken from the American people through taxation and dispersed among current politicians’ favorite special interests.

Again, think about it: Planned Parenthood’s largesse from U.S. taxpayers for 2009-2010 was $487,400,000.00, and for the first time, Planned Parenthood topped $1 billion in net assets. Is this not blood money?

Ironically, however, in her forward to Planned Parenthood’s annual financial report, McCarthy doesn’t mention abortion even once. Rather, she touts figures that demonstrate Planned Parenthood’s zeal to get condoms and birth control pills into the hands of millions of teenagers and to screen for the sexually-transmitted diseases that inevitably result from the licentiousness engendered by the organization’s sex-ed programs. These are programs that pretend young people are only (to borrow from Madonna with apologies to the reader) “material girls (and boys) living in a material world,” rather than spiritual beings.

This fairytale world of happy and healthy kids-just-having-fun described by McCarthy doesn’t exist, nor is Mayberry to be found in the lobby of a Planned Parenthood clinic. Rather, the figures McCarthy cites are eclipsed by the shadow of death that hangs over every service Planned Parenthood provides. Were this not so, McCarthy would have proudly announced that “abortion procedures made up 91% of Planned Parenthood’s services for pregnant women” in 2010, according to the Susan B. Anthony List.

Here’s the bottom line: Planned Parenthood is raking in monies hand over fist. However, what they seem reluctant to admit is that it’s blood money. And I guess that’s understandable, especially since the organization spends so much time trying to convince Americans there’s more to Planned Parenthood than abortion.

Outside of trying to convince us it’s not an abortion mill, about the only other thing Planned Parenthood does is perform abortions.